Page 17 - LatAmOil Week 12 2023

LatAmOil NEWSBASE ROUNDUP GLOBAL (NRG) LatAmOil

NewsBase Roundup Global (NRG)

NRG Welcome to NewsBase’s Roundup Global from September 2026 to September 2042, See-
(NRG), in which the reader is invited to join News reported. The value of the contract is based
our team of international editors, who provide a on the transport tariffs applicable at the current
snapshot of some of the key issues affecting their date, the agency said, referring to OMV Petrom’s
regional beats. We hope you will like NRG’s new stock exchange statement.
concise format, but by clicking on the headline
link for each section the full text will be available FSU OGM: Russia eyes hike in domestic
as before. gas tariffs to offset lost revenues
Russia’s State Duma has proposed revising
AfrOil: DRC licensing round attracts domestic tariffs for gas use to offset the losses
green investor Gazprom has sustained from losing much of
An unconventional candidate has entered the its gas market share in Europe. Gazprom typi-
onshore bidding round launched last July by the cally earns several times more on the European
Democratic Republic of Congo (DRC) – EQX market than it does domestically, and the loss
Biome, a US-based investment firm that focuses of much of that market can be compensated by
on preserving biodiversity. The fund has submit- increased domestic tariffs, the Duma’s energy
ted offers for all 27 of the potentially oil-bearing committee has said, according to Russian media.
blocks included in the licensing round.
GLNG: ExxonMobil considers resuming,
AsianOil: Putin says Russia ready to expanding Rovuma LNG
increase oil and gas supplies to China ExxonMobil is contemplating restarting the
Russian President Vladimir Putin said Russia Rovuma LNG project in Mozambique’s restive
was ready to increase oil supplies to China, its key northern Cabo Delgado province. The company
energy partner, following a meeting with Chi- has called for expressions of interest (EoIs) to
nese President Xi Jinping in Moscow on March design and construct the LNG plant in a state-
20-21. “Russia is prepared to increase uninter- ment published in the Mozambican newspaper
rupted oil supplies to support development of O Pais on March 17.
the Chinese economy,” Putin said after meeting
Chinese President Xi Jinping in Moscow. MEOG: Maha in Oman production test
Swedish explorer Maha Energy has announced
DMEA: Final train launched at South the start of production testing at Block 70
Pars Phase 14 gas-processing plant onshore Oman as part of an eight-well drilling
Iranian media have reported that the fourth and campaign. In a press release, the company said
final train at the South Pars Phase 14 refinery is it had started with the Mafraq-9 well, with new
on stream. Deputy Minister of Petroleum and wells to be added to the test system every two
National Iranian Oil Co. (NIOC) CEO Mohsen weeks following its completion with PCP pumps.
Khojastehmehr announced the initial launch
of the plant in March 2022, upon receiving raw NorthAmOil: US becomes third-largest
sour gas from the offshore field. LNG exporter
The first wave of US LNG export capacity is
EurOil: Romanian companies prepare not yet fully online, but the country has already
for Neptun Deep gas, plan new pipeline become the world’s third-largest exporter of the
Romania’s OMV Petrom and Romgaz have fuel. According to the US Department of Ener-
signed a €276mn natural gas delivery contract gy’s (DoE) Office of Fossil Energy, exports of US
with the country’s national gas transmission LNG hit a new record high of 4.7bn cubic feet
company, Transgaz, covering a 16-year period, (133mn cubic metres) per day in May. ™

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Week 13 29•March•2023 www. NEWSBASE .com P17